Kenya vs Senegal: Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- Kenya
- Senegal
How they compare
Senegal currently reports 30.9% against 29.7% in Kenya, a difference of 1.2%.
The two have swapped places 9 times across 64 shared years of data; in 1961 it was Kenya ahead.
Kenya ranks 116th and Senegal ranks 114th of 187 countries.
Across the 7 decades both report, Kenya averaged higher in 6 and Senegal in 1.
Head to head by decade
| Decade | Kenya | Senegal | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 13.1% | 10.7% | 2.3% | Kenya |
| 1970s | 17.9% | 17.2% | 0.7% | Kenya |
| 1980s | 19.7% | 24.4% | 4.7% | Senegal |
| 1990s | 22.1% | 15.2% | 6.9% | Kenya |
| 2000s | 24.7% | 15.1% | 9.7% | Kenya |
| 2010s | 30.7% | 26.7% | 4.1% | Kenya |
| 2020s | 31.2% | 30.5% | 0.7% | Kenya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, Kenya or Senegal?
- Senegal, at 30.9% against 29.7% in Kenya as of 2025.
- What is the difference in domestic credit to private sector by banks between Kenya and Senegal?
- 1.2%, with Senegal ahead.
- How many years of comparable data are there for Kenya and Senegal?
- 64 years are reported by both, from 1961 to 2024.
- How do Kenya and Senegal rank globally for domestic credit to private sector by banks?
- Kenya ranks 116th and Senegal ranks 114th of 187 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Domestic credit to private sector by banks (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.